China faces an existential threat to their export-based economy due to high energy costs, and Russia faces an existential threat to their energy-based economy due to crippling Western financial sanctions. By agreeing to jointly build the “Power of Siberia” as
The United States, sometime in the first quarter of 2014, passed Saudi Arabia to become the world’s largest producer of petroleum liquids, with daily output exceeding eleven million barrels per day (bpd), according to the International Energy Agency. Growth from January
The United States second quarter corporate profits zoomed up 8%, and the national gross domestic product gained 4.2%, according to a revised release by the Commerce Department. Despite Europe’s perpetual recession, Asia’s stumbling, and South America’s defaults, the United States
Amazon.com’s stock (NASDAQ:AMZN) has tallied a consistent 33% annual compounded price return over the last 5 years. The secret sauce of the company’s success is being able to engage with an increasingly younger demographic. The company’s latest deal to buy
It has been no secret that for almost four centuries Californians have needed to manage droughts on a regular cycle. Some people describe the current situation as an exceptional drought, but water use statewide has actually increased over the last
In reaction to occasional violence involving robberies, California Governor Jerry Brown signed SB 962 on Monday, August 26, to launch the first-in-the-nation requirement that all smartphones sold in California be equipped with “kill switches.” These switches allow owners to remotely render
Time magazine awarded Federal Reserve Chair Ben Bernanke Man of the Year for his efforts that led the Fed to buy $3 trillion in bonds and mortgages to push up prices on the securities markets in order to create a
China’s Harbin Institute of Technology’s Complex Flow and Heat Transfer Lab announced it has the ability to apply supercavitation technology, which already allows some torpedoes to travel at up to 370 mph, to submarines that could theoretically travel up to
Northern California suffered an “Earthquake Storm” on Sunday, as 60 smaller aftershocks rolled through Northern California following the magnitude 6.0 on the Richter Scale earthquake that struck Sunday at 3:20 a.m. Sunday’s earthquake is the 4th serious quake this year after a
Federal Reserve Chair Janet Yellen mentioned “labor market” 47 times in her speech, entitled “Labor Market Dynamics and Monetary Policy,” which she delivered at the annual Jackson Hole Conference. Ms. Yellen and the Fed’s Open Market Committee that controls the U.S. money supply are now
Despite opposition by parents and teachers to the Pearson Education Corporation’s Common Core curriculum, conflicts of interest may explain why the Los Angeles School District administrators have been so adamant to implement the standards. Since release of a devastating conflicts
SpaceX suffered its first missile failure when one of their F9R rockets aborted its mission and auto-destructed over Texas shortly after takeoff on August 22. One observer video shows debris falling from the sky just after the explosion. No one was hurt
California environmentalists were giddy after the market for pollution credits traded up in price to a new high on record volume. But rather than a sign of greater enthusiasm to fight CO2, the California legislature quietly passed in 2012 a
Economic recoveries are historically known for big gains in “real” (after inflation) household income. But for most American households there has been no economic recovery during the Obama Administration because of chronic falling wages, according to data from the dshort.com
Nancy Pelosi and 62 other House Democrats with 100% ratings from the Sierra Club have for decades been using the Endangered Species Act (ESA) try to litigate small rural California communities out of existence for having the gall to use
Governor Jerry Brown’s ongoing “realignment” response to court orders requiring a reduction in California’s prison crowding is sending all but the worst criminals flooding back to county jails for a brief visit and then back on the streets. A Los
The latest latest Field Health Policy Survey conducted among California registered voters about changes in the state’s health care system following the implementation of Obamacare (the Affordable Care Act) suggests that about two-thirds believe that state government should be deeply involved in
The U.S. Federal Reserve released minutes of its Open Market Committee (FOMC) meeting for July 29th and 30th Wednesday. The tone of the meeting showed a higher level of concern among the members that the Fed’s stimulus coupled with an
The America Enterprise Institute seldom has much positive to say about the impact of California’s leftist public policies on business and job growth in the less-than-Golden State. But AEI’s blog pointed to Monday’s Bureau of Labor Statistics unemployment report to
California’s Aerojet Rocketdyne announced Monday that it had been awarded an Air Force contract to develop 3-D printing for “Large-Scale Additive Manufacturing.” Unlike traditional 3-D printing that shapes parts out of composites and plastics, additive manufacturing uses lasers to melt metals
Clive Palmer (pictured), Australian mining magnate and leader of the nation’s United Party, accused China of trying to take over the nation’s resources. Although he was quickly lambasted by ruling Liberal Party Prime Minister Tony Abbott, it seems that there
Russia began a campaign in 2000 to construct seven floating nuclear power plants, but Moscow only built one due to strong Western environmental opposition and Russia’s weak economy. But now that Russia is under Western financial sanctions and China recently
A group called the Santa Barbara County Water Guardians qualified an initiative called Measure P for the county ballot in November. The measure would ban “high intensity” gas and oil operations such as fracking, oxidization, steam injection and other high-intensity petroleum operations.
For the first time, top U.S. cable firms have more broadband customers than cable TV subscribers, according to published data from the Leichtman Research Group. The top cable companies had about 49,915,000 broadband subscribers in the second quarter ending in June, compared
China’s “economic miracle” faces an existential threat now that the nation is the world’s largest importer of oil. The Chinese central authorities mandated a $275-billion crash investment in fracking to develop cheap energy from China’s 30 trillion cubic meters of
